Principal Commissioner of Income-Tax (Central)-1 v. M/S Ruchika Trexim Ltd.

Delhi High Court · 01 May 2017 · 2017:DHC:8759-DB
S. Muralidhar; Chander Shekhar
ITA 256/2017
2017:DHC:8759-DB
tax appeal_dismissed

AI Summary

The Delhi High Court dismissed the Revenue's appeals against the ITAT order for AY 2006-07, holding that the issue was conclusively settled by binding precedents.

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( \ o $-2 & 5 HIGH COURT OF DELHI
ITA 256/2017
PRINCIPAL COMMISSIONER OF INCOME-TAX (CENTRAL)-1
Appellant
Through: Mr. Sanjay Kumar & Mr. Dileep Shivpuri, Advocates
VERSUS
M/S RUCHIKA TREXIM LTD. Respondent
Through: Mr. Shashwat Bajpai & Mr. Sharad Agarwal, Advocates
WITH
^Pr^75/2017 PRINCIPAL COMMISSIONER OF INCOME-TAX (CENTRAL)-1
Appellant
Through: Mr. Sanjay Kumar & Mr. Dileep Shivpuri, Advocates
VERSUS
M/S RUCHIKA TREXIM LTD. Respondent
Through: None
CORAM: JUSTICE S.MURALIDHAR JUSTICE CHANDER SHEKHAR
01.05.2017 CM No.14163/2017 in ITA No.275/2017
1.Allowed, subject to alljust exceptions.
2017:DHC:8759-DB ITA Nos.256/2017 & 275/2017
ORDER

2. The question raised in these appeals by the Revenue against the order dated 31'' October, 2016 in ITA No.3675/Del/2012 of the Income Tax Appellate Tribunal for Assessment Year 2006-07 stands covered against it by the decision ofthis Court in CIT v. Kabul Chawla 380 ITR 573 and the order dated April, 2017 in ITA No. 228 of 2017 {Principal Commissioner ofIncome Tax (Central)-Iv. DevenderKumarAggarwal).

3. The appeals are dismissed.